Financial Enhancement Group LLC Raises Stock Position in Sprott Uranium Miners ETF (NYSEARCA:URNM)

Financial Enhancement Group LLC raised its stake in Sprott Uranium Miners ETF (NYSEARCA:URNM) by 47.3% in the fourth quarter, HoldingsChannel reports. The fund owned 71,856 shares of the company’s stock after purchasing an additional 23,075 shares during the period. Financial Enhancement Group LLC’s holdings in Sprott Uranium Miners ETF were worth $2,919,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Global Trust Asset Management LLC purchased a new stake in shares of Sprott Uranium Miners ETF in the third quarter valued at approximately $28,000. Capital Performance Advisors LLP acquired a new position in Sprott Uranium Miners ETF during the third quarter worth $65,000. Chicago Partners Investment Group LLC purchased a new position in Sprott Uranium Miners ETF during the third quarter valued at $209,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Sprott Uranium Miners ETF by 98.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,748 shares of the company’s stock valued at $234,000 after purchasing an additional 2,356 shares during the period. Finally, Vontobel Holding Ltd. increased its stake in shares of Sprott Uranium Miners ETF by 5.1% during the third quarter. Vontobel Holding Ltd. now owns 5,161 shares of the company’s stock worth $237,000 after purchasing an additional 249 shares in the last quarter.

Sprott Uranium Miners ETF Stock Up 1.6 %

URNM opened at $41.61 on Thursday. Sprott Uranium Miners ETF has a twelve month low of $36.91 and a twelve month high of $60.17. The company has a market cap of $1.36 billion, a PE ratio of 27.29 and a beta of 1.02. The company has a 50-day moving average price of $44.43 and a 200 day moving average price of $45.01.

About Sprott Uranium Miners ETF

The Sprott Uranium Miners ETF (URNM) is an exchange-traded fund that is based on the North Shore Global Uranium Mining index, a market-cap-weighted index of global companies in the uranium industry. URNM was launched on Dec 3, 2019 and is managed by Sprott.